Activision Blizzard, Inc. (NASDAQ: ATVI) is the American holding company for Activision and Blizzard Entertainment, majority owned by French conglomerate Vivendi SA. The company is the result of a merger between Activision and Vivendi Games, announced on December 2, 2007 in a deal worth USD$18.8 billion. The deal closed July 9, 2008. The company believed that the merging of the two companies would create "the world’s largest and most profitable p...
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Activision Blizzard, Inc. (NASDAQ: ATVI) is the American holding company for Activision and Blizzard Entertainment, majority owned by French conglomerate Vivendi SA. The company is the result of a merger between Activision and Vivendi Games, announced on December 2, 2007 in a deal worth USD$18.8 billion. The deal closed July 9, 2008. The company believed that the merging of the two companies would create "the world’s largest and most profitable pure-play video game publisher". It believes that it is the only publisher that has "leading market positions across all categories" of the video game industry.
In April 2008, the European Commission permitted the merger to take place. The Commission essentially needed to approve that there weren't any antitrust issues in the merger deal. On July 8, 2008, Activision announced that stockholders had agreed to merge. The deal closed on July 9, 2008, and the total transaction was an estimated $18.9 billion. The company does not publish games under...
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